Search found 316 matches

by ny_rn
Sun Apr 30, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: The Expensive Car
Replies: 8
Views: 644

The Expensive Car

My co-worker recently leased a 2015 Mercedes-Benz G-Class G55 and it got me thinking... Within my immediate department, I am probably the only person who contributes the maximum to our 403(b). I hear so many people say, "how do you do it?" The same co-worker that leased this vehicle for ~ ...
by ny_rn
Mon Apr 24, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: What fund to invest spare change in?
Replies: 4
Views: 523

Re: What fund to invest spare change in?

AgentHoopla wrote: ...I have about 30-40k in other monies that I may need to spend in 6 months - 2 years for unforeseen circumstances.


A boring savings account.
by ny_rn
Mon Apr 03, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: 100% stocks in ROTH?
Replies: 27
Views: 1672

Re: 100% stocks in ROTH?

I follow this same thinking. Then again, my 403(b) and taxable account is 100% US equities split between the total stock market and S&P 500.
by ny_rn
Tue Mar 28, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?
Replies: 33
Views: 2867

Re: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?

If I were in your situation I would put $250k into vanguard total stock market and $50k in a savings account. Consider the $300k money you do not have and live your life how you're currently living.
by ny_rn
Sun Mar 19, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6386

Re: Am I Addicted [to contribute to my taxable account]

"Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard." Why &q...
by ny_rn
Sat Mar 18, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6386

Am I Addicted [to contribute to my taxable account]

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Anyo...
by ny_rn
Fri Mar 17, 2017 4:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference? [Virtual online chapter]
Replies: 31
Views: 2591

Re: Virtual boglehead meeting?

Great idea. If funds are needed to host this monthly, I'm sure we can all chip in a few dollars to cover costs. We can use our "fun money." :D
by ny_rn
Wed Mar 08, 2017 2:35 am
Forum: Investing - Help with Personal Investments
Topic: 5k-10k to invest. What should I do?
Replies: 6
Views: 736

Re: 5k-10k to invest. What should I do?

Fishing50 wrote:Buy a low cost, total stock market index fund and hold it forever.


+1. Lump sum it or DCA it over time.
by ny_rn
Thu Feb 23, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1239

Re: Thank You

A lot of this information you have to seek out (at least take a little initiative). Otherwise you're not going to know about retirement planning options from day to day life. This definitely applied to me. Money wasn't tight, but I definitely lived for the present. For example - expensive dinners, ...
by ny_rn
Thu Feb 23, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1239

Re: Thank You

Great testimonial! I think many people have "no knowledge of a Roth IRA." Can you shed light on why you had no knowledge? I'm asking because I think that should be the main way that lower income people save for retirement, but I suspect they have no knowledge of a Roth IRA either. Is is b...
by ny_rn
Thu Feb 23, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1239

Thank You

My portfolio finally hit the $100,000 milestone. I remember not too long ago I didn't contribute to my 403(b) and had no knowledge of a Roth IRA or taxable account. Now, I contribute the maximum to my 403(b) and Roth IRA, while pushing all extra cash to a taxable account. It's amazing how fast the n...
by ny_rn
Sat Feb 18, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 4898

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

This story reminds me of why I started what I call my personal "latte contribution schedule." For this exact reason, I set up a automatic contribution ($40) into my taxable account (100% vtsax) on a weekly basis. I love coffee, but I "try" to make my own or buy $1 coffee from a b...
by ny_rn
Wed Feb 15, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Small
Replies: 14
Views: 1216

Re: Investing Small

Short answer. Start a Roth IRA and contribute the maximum if this applies to you. Contribute money as it becomes available.

Personally, I contribute anywhere from $10-$500 (monthly) until my Roth IRA (held at Vanguard) is maxed out. I pay $0 in transaction fees.
by ny_rn
Tue Jan 24, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to stop working overtime?
Replies: 56
Views: 4630

Re: Can I afford to stop working overtime?

I am a single male with no children. I work overtime like a crazy person, and I'm beginning to cut back. Why? To enjoy friends and family more. I believe you answered your own question. In my opinion, nothing else in your initial post matters except, "I think the kids need me around at home a l...
by ny_rn
Thu Jan 19, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 17388

Re: Best Financial Moves You've Made

Creating multiple income streams and not relying on my full-time job.
by ny_rn
Thu Jan 19, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2023

Re: Which Bond Fund

It appears that "the enemy of a good plan is the dream of a perfect plan" applies here. Thank you all for the input. Very interesting perspectives.
by ny_rn
Wed Jan 18, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2023

Re: Which Bond Fund

I assume the best place for bonds are in my 403(b) due to tax-inefficiency. Also, I have zero use for this money until I retire which is ~ 30-35-years from now. The best place for your bonds (all things being equal) is in a tax-advantaged account, yes, but not necessarily the 403b. I'm assuming you...
by ny_rn
Mon Jan 16, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2023

Re: Which Bond Fund

I should mention that I am still able to "sleep at night" with no bond fund at this point. I'm sure that will change as the value increases.
by ny_rn
Mon Jan 16, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2023

Re: Which Bond Fund

ignition wrote:If your investment horizon is 30-35 years, why bother with 10% bonds? Especially in the current low interest rate environment I don't really see the use for it.


Good point.
by ny_rn
Mon Jan 16, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 2023

Which Bond Fund

I am looking to add bonds (~10%) to my portfolio in the near future, because it has entered the low six-figures. I am 100% US equities at this point and have no interest in investing in international funds. With that being said, I have the following bond options available in my 403(b): PIMCO Total R...
by ny_rn
Tue Jan 10, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you make contributions to your portfolio?
Replies: 15
Views: 1120

Re: How often do you make contributions to your portfolio?

- 403(b) - every paycheck until it is maxed out
- Roth IRA - throughout the year until it is maxed out
- Taxable - 1st of every month, surplus and unexpected cash
by ny_rn
Sun Jan 08, 2017 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Relocation to the Dallas, TX Area
Replies: 32
Views: 3156

Re: Relocation to the Dallas, TX Area

Look at Little Elm, TX. It's approximately 15-min. away from Plano, TX with excellent homes.
by ny_rn
Sat Jan 07, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Factoring Pension
Replies: 13
Views: 1556

Factoring Pension

I'm a 32-year old single male living in New York with $0 debt. I currently hold 100% US equities between a 403(b), Roth IRA and taxable account. At some point I will add bonds, but I am having trouble factoring in my pension. I will be 100% vested in a pension by the end of 2017 which I will be able...
by ny_rn
Mon Dec 26, 2016 6:26 am
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 10515

Re: How to get rid of your belly........

Exercise, diet and consistency.
by ny_rn
Tue Dec 20, 2016 12:22 am
Forum: Personal Finance (Not Investing)
Topic: 5K Saving per month - Best way to maximize?
Replies: 7
Views: 1567

Re: 5K Saving per month - Best way to maximize?

If you save $5,000 per month for three years you will have $180,000. I assume you plan to spend it within the next 3-5 years for a ~$1mm home. Stick with a savings account or certificate of deposit.

I'm curious. Why the $1mm+ home?
by ny_rn
Mon Dec 19, 2016 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to park 43k
Replies: 12
Views: 1938

Re: Best place to park 43k

2tall4economy wrote:Seems like you're desperate to spend money when you don't have steady employment and neither does she. I'd say rent for a year minimum. Don't be in a rush. What if your wife loses her job? You be out the $43k


My thoughts exactly. Rent until you are ready - financially.
by ny_rn
Mon Dec 19, 2016 8:39 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 5603

Re: Coach bag for wife - how to buy

Get the bag and be glad she does not want Chloe, Louis Vuitton, Hermes, etc.

I do not know your financial situation, but I'm guessing you can afford it with no problem. If needed, pull from your emergency fund. :moneybag

In all seriousness, make her happy and get the bag.
by ny_rn
Sun Dec 18, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: SVSPX, -6.83% on Friday?
Replies: 15
Views: 2021

Re: SVSPX, -6.83% on Friday?

100% of my 403(b) is invested in SVSPX. I guess I shouldn't look at my account. I'll peek at it when I leave my current place of employment. :beer
by ny_rn
Sun Dec 11, 2016 4:54 pm
Forum: Investing - Theory, News & General
Topic: A question for newbie Bogleheads
Replies: 22
Views: 1948

Re: A question for newbie Bogleheads

"Don't look for the needle. Buy the haystack." - John Bogle
by ny_rn
Sun Dec 11, 2016 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Young Professional's Investment Plan for 2017
Replies: 15
Views: 2041

Re: Young Professional's Investment Plan for 2017

I am trying to save as much for retirement as possible. My dad has suggested that I should max both my 401K and Roth but I'm not 100% sure I can do that at the moment. Instead of "saving" for retirement, I suggest increasing your income. Career advancement, starting a business, etc. There...
by ny_rn
Sun Dec 11, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Young Professional's Investment Plan for 2017
Replies: 15
Views: 2041

Re: Young Professional's Investment Plan for 2017

I'm curious. Why are you moving out? Can you stay a little longer, put aside the money you would pay for rent if you were on your own and save more?
by ny_rn
Wed Dec 07, 2016 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Placement
Replies: 10
Views: 776

Re: Emergency Fund Placement

Keep it simple. Leave it in the online savings account.
by ny_rn
Tue Nov 29, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 70
Views: 8471

Gift To Self

Christmas is around the corner. Anyone purchasing a gift for themselves? I rarely buy things for myself, but I have to admit I love getting myself a little something at the end of the year. So, let's hear it. I'll start... - $500 contribution to taxable account (total stock - vtsax) - Garmin GPS wat...
by ny_rn
Mon Nov 21, 2016 4:26 am
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 2915

Re: cheap hotels in NYC

by ny_rn
Tue Nov 15, 2016 9:30 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs Total Bond
Replies: 19
Views: 1855

Re: Total Stock vs Total Bond

$17,500 - TSM

$2,500 - Nice vacation.

Better than trying to pick the next hot stock, right?

Then, go on about my life. :beer
by ny_rn
Sat Oct 29, 2016 6:00 am
Forum: Personal Consumer Issues
Topic: Valuation of Commercial Property
Replies: 11
Views: 1022

Re: Valuation of Commercial Property

Part of value is what could happen on the property and what, if any, demand there is for those uses. I would start with calling the local planning office and getting a copy of the zoning with the uses allowed and dimensional standards for the property to understand the range of possibilities for th...
by ny_rn
Sat Oct 29, 2016 5:58 am
Forum: Personal Consumer Issues
Topic: Valuation of Commercial Property
Replies: 11
Views: 1022

Re: Valuation of Commercial Property

Years ago, my late father-in-law had a similar business and house (rented out) situation and when he retired, sold the property. In order to sell (and get a decent sale price) he took back a mortgage on the property. It ended up working out fine. Can the house and business be separated? In a sale, ...
by ny_rn
Fri Oct 28, 2016 7:12 am
Forum: Personal Consumer Issues
Topic: Valuation of Commercial Property
Replies: 11
Views: 1022

Valuation of Commercial Property

I have zero experience with residential and commercial real estate. I am in the process of finding the estimate value of a commercial property my father owns and is fully paid off. On the property sits two structures (home and small take-out restaurant). No one lives in the home and he no longer wan...
by ny_rn
Sat Oct 22, 2016 3:03 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) Contribution Limit
Replies: 10
Views: 977

Re: 403(b) Contribution Limit

orca91 wrote:Is any of the $18,600 from your employer in the form of matching contributions?


There is no match.
by ny_rn
Thu Oct 20, 2016 6:20 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) Contribution Limit
Replies: 10
Views: 977

403(b) Contribution Limit

I recently contributed the maximum amount of pre-tax dollars to my 403(b) in the amount of $18,600 for 2016. To my understanding, the 2016 contribution limit is $18,500. How is it possible for my employer to over contribute to this plan? Also, are there any penalties for the extra $100?

Thanks.
by ny_rn
Wed Aug 24, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 37
Views: 3166

Re: NYC Living Options

Hey everyone, As I mentioned in another thread, I should be finally starting my dream job shortly. This will require me to move to the NYC area where I will need easy access to all 3 airports, LaGuardia, Kennedy, and sometimes Newark. I've always wanted to live in NYC but could never justify it. No...
by ny_rn
Wed Aug 17, 2016 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Monthly Deposits in Taxable Account
Replies: 5
Views: 1106

Re: Monthly Deposits in Taxable Account

My monthly contributions into my taxable account (vanguard total stock market) is automatic. I also "throw" money into that account when I have it.
by ny_rn
Sat Aug 06, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: Solo Travel
Replies: 40
Views: 4298

Re: Solo Travel

lgs88 wrote:Doing the daily run before the daily beer will make both the run and the beer more enjoyable!

Enjoy your trip.


Thanks! :beer
by ny_rn
Sat Aug 06, 2016 11:11 am
Forum: Personal Consumer Issues
Topic: Solo Travel
Replies: 40
Views: 4298

Solo Travel

I will be traveling to Tulum, Mexico by myself for 3-days. This will be my first solo trip (going through relationship problems) and I'm looking forward to just getting away. I am looking for tips from others that have enjoyed traveling alone. My plans so far: - Running (3-6 mi. per day) - Explore l...
by ny_rn
Tue May 17, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 62
Views: 5963

Re: For those of you in the Accumulation Phase - How often do you check?

I'm 100% in the Total Stock Market Index Fund so I don't re balance. I check my account every time I make a buy to make sure that it went through. I dca monthly. I'm more interested in the number of shares & dividends than price per share. In my mind it's all about the number of shares. I'm in ...
by ny_rn
Wed May 04, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 8650

Re: How many funds in your portfolio?

Two.

403(b)
(‪SVSPX) SSgA S&P 500 Index Fund – Class N

Roth IRA
(‪VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares

Taxable
(‪VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares
by ny_rn
Sat Apr 16, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Refund (Where Did It Go)
Replies: 21
Views: 1722

Tax Refund (Where Did It Go)

For those who received a tax refund, where did it go? Or, what do you plan on doing with it?

Personally, I might purchase a plane ticket for a quick weekend getaway from New York and contribute the rest to my taxable account (Vanguard Total Stock Market).

So, what about you?
by ny_rn
Sat Apr 02, 2016 3:51 am
Forum: Investing - Help with Personal Investments
Topic: index fund portfolio (Betterment) vs hard money lending (Realtyshares)
Replies: 7
Views: 720

Re: index fund portfolio (Betterment) vs hard money lending (Realtyshares)

If you can save $5,000 monthly, do it and do not think about it.

Create a three fund portfolio: viewtopic.php?f=10&t=88005

Tell us about your current accounts. For example - 401(k), Roth IRA, etc.
by ny_rn
Sat Mar 26, 2016 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Can three funds replicate the US Total Stock Market?
Replies: 4
Views: 459

Re: Can three funds replicate the US Total Stock Market?

Within my 403(b) I allocate 100% of my contributions to one fund to replicate Vanguard Total Stock Market, and that's a regular S&P 500 index fund. Why? Because, it's simple. I have mid cap and small cap funds available, but that complicates things a little more.

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